HomeMy Public PortalAboutOrd. 0462 vs v •
ORDINAVCE N0. 462
AN ORD?NAIQCE OF THE iI�rCORPOR9TED CITY OF LYNVJOOD
ESTABLISHING TAX DISTRICTS IdUP1IBERS 1 AA;D 2 OF
S.9ID CITY, FIXIIQG THE RATES OF TAXES, AIQD LEVY-
ING `�.�XES FOR THE FISCAL YEAR BEGINDIING JULY 1,
1947, AND �NDIIJG JUDIS 30, 1948, AND DECL.4RIPdG ,
AN E?�iERGENCY.
The City Council of the City of Lynv�ood, California, does
ordain as follows, to-�vit:
Section 1: That for the burpoaes of taxation, all of
that territory and lands lying and being in the corporate limits of
the City of Lynwood, California, prior to July 19, 1941, �rrhich v�ras
the dute of the completion of the annexation of '�Broadacres", be
known as and constitute tax district RTO. 1 of said City.
Section 2: That all of that territory and lands known
as "B'roadacres" and the annexation of ��rhich to the said Cit;� of
Lynvrood �vas completed July 19, 1941 and described as follo�vs:
Beginning at the intersection of the westerly line
of Bullis Road i�ith`the weaterly prolongation of
the northerly line of Carlin Avenue (33 feet wide)
as shown on County Surveyor's &Iap No..B
6, said point of beginning• being on the easterly
• boundary line of the City of Lynwood, as said boun-
dary line existed on February 10, 1941; thence
easterly along eaid prolon�ed line to the easterly
line of Bullis Road; thence Easterly along the
northerly line of said Carlin Avenue to the west-
erly line of Caress Street (40 f.eet wide) as sho�vr.
on said County Surveyor's Map; thence northerly
along tYie westerly line of Caress Street to the
southerly line of Tract No. 11378, as shovrn on map
recorded in Book 203, Pages 27 and 28 of It2aps,
Records of Los Angeles Count,y, California; thence
northerly along the easterly line of said Tract Dto.
11378 and its northerly prolongation to a point 30
feet northerly from the northerly line of said
Tract No. 11378, said point being on the southerly
Uoundary line of the City of Lynwood, as said boun-
dary llne exi"sted February 10, 1941; thence v�esterly
along said 'oound.ary line and following the same in
all its various courses to the point of beginning;
in Los Angelea County, California,
be knotivn as and constitute tax District No. 2 of said City of
Lynwood. .
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Section 3: That the amount of money necessary to be
raised by taxation upon the taxable property, within the corporate
limits of the City of Lynwood, Count,y of Los Angeles, State o�
' California including Tax District No. 1 and No. 2 of said Cit,y, to
provide for-carrying on the various functions of ��unicipal,�overn-
ment in said City for the fiscal year beginning July l, 1947 and
ending dune 30th, 1948 is�hereby fixed at the sum oY One Hundred
Twenty Ei�ht Thousand Six Hundred Seventy-one and Fifty-four/
One-Hundredths Dollars (�128,671.54).
Section 4: .That in addition to the amount of money
necessary to be raised as a.foresaid, the amount of money necessary •
to be raised by tAxation upon the taxable property �rithin the cor- �,
porate limits of said City, and in Tax Districts No. 1 and No. 2
of said City, to provide for a capital fund., for capital outlays
and for public improvements, to-wit: public parks as authorized
by provisions of Ordinance No. 322 of said City, for the fiscal
year beginning July l, 1947 and ending June 30, 1948, is hereby
. fixed at the sum of Two Thousand idine Hundred Ninety-eight and
Three/One-hundredths Dollars ��2,998.03).
Sect3on 5: That in addition to the amount of money
necessary to be raised as aforesaid, the amount of money necessary
to be raised by taxation upon the taxable property within the cor-
,. ,
porate limits of said City in` Tax District No. 1 and No. 2 of said
City to provide for the pa,yment to the 5tate �".�nployeea' Retirement
System a.ccording to the terms of contract with the State of Calif-
ornia for makin� the oYficials and employees of the Gity of Lynwood
members of the State F�nnployees' Retirement System; authority for
the execution of said contract is granted by OrdSnance No. 426,
adopted by a vote of the qualified electors of the City of Lynv�ood
. _2_
, the 16th day of April, 1946. For the fiscal year beginning July
l, 1947 �nd ending June 30, 1948 it is hereby fixed at the sum
oY Forty One Thousand Nine Hundred Seventy-Two and Thirty-five/One-
hundredths Dollars (�41,972.35). .
Section.6: That in addition to the amount of money
necessary to be raised as aforesaid., the amount of money necessary
to be raised by taxation upon the taxable property within the
limits of Tax District T4o. 1 of said. City of Lynwood, to provide
for the payments of the annua.l interest, and that portion of the
principal as shall become due before the time for fixing the next
general tax levy of those certain bonds in the principal amount of
Fifty Thousar.d and No/Qne-hundredths Aollara (�5:0,000.00) as auth-
orized by Ordinance No. 94 of said City of Lynwood, adopted on tihe ,
lst day of Uctober, 1927, by the Board of Trustees of said City,
is the sum of Four Thousand. Four Hundred Eleven and Eighty-five/One-
hundredths Dollars (�4,411.85).
Section 7:.. That for the purpose of raising the sums of
money necessary to be raised by taxation upon the taxable property
within the GitS� limits of said City of Lynwood as the revenue to
carry on the function oP the various departments of said Cit,y; to
provide a park capital account; to provide payment to State �nployees�
_ Retirement Fund as authorized in Ordinance A`o. 426, and to retire the
bonds and coupons becoming due as provided by Ordinance No. 94, the
rates of taxes are hereby fixed and taxes are hereby levied on a11
taxable propert,y within the City limits of said City, included in
Tax District-Nos. 1 and 2 for the fiscal year beginning July l, 1947
and ending June 30, 1948, upon each �100.00 as the aasessed value
of said property as assessed by the County Assessor and equalized by
the Boa.rd of uupervisors of t�e Count,y of Los Angeles, State of Calif-
ornia, for the said fiscal year, as follovrs:
_ 3-
, Tax District Tax Dietrict
No. 1 No. 2
. For General Purposes .8478 .8478
� For,the Park Fund .02 .02
' � For the Interest and: Sinkin�
_ iland for City Hall Bonds
Authorized at Election Held
October, 1927. .03
-� For City's contribution to State
Retirement Fund Authorized at
Election Held April, 1946. ,28 ,28
�1.1778 �1:1478
Section 8: This ordinance is urgently required for the
immediate preaervation of public peace, health, and safet,y in�the �
City of Lynvaood and shall be in effect upon its publication. Tne
follov,�ing is a specific statement showing the emer�ency of this
ordinance.
It is required by law that the "Tax Rate" be estaplished
no later than August 25, 1947. _
Section 9: That the City Clerk of said City ehall certify
to the passage of this Ord_inance and cause the sarne to be published
once in the Lynurood Press, a weekly newspaper of general circulation,
published and circulated in said City of Lynwood.
PASSED and ADOPTED this 19th day of August� 1947.
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'r, ATTEST•� i
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- CIT LER , _ N LYni'+'lOOD
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. = .:. STATE OF CALIFORNIA ) " . "
COUNTY.OF LOS ANGELES.: ss.,
' CITY OF, LYNI�'lOOD : )
. � �_.I,, the undersigned, City Clerk'of the City of - -
Lyriwood, California, do hereby certify that-the above � y ,;� .
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� and foregoing.Ordinance was duly adopted �by tYie.City _
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_ • ,. , Council of said City at a-_: . - -- - - - - •�re$ular ••
. - meeting_thereof held in the City Hall of said City,
on the � 19th . day of Aueuat , 1947 _and '
passed,by �the.fo,llowing:vote - ' , ��-�
- . : - . • AYES: :�`COUDTCILMEN . Dot�; Jenaens Shrock,
. - ' ' 'and Williams•. • ,
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. . ° NOES: COUNCILMEN; None. - ,
. ABSENT:' COUNCILMEN: .V�1'ggina. -
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